Should Illinois have a progressive income tax?

William M. Daley argued that Illinois should adopt a tax cut for the middle-class citizens that would tax higher income taxpayers. However, this “progressive tax” may be deceptive and actually end up costing middle-class taxpayers more money in the long term. If Illinois does reform its tax code, should it include a progressive tax or will this only be another failed attempt to offer relief to an already over-taxed middle class.

For more detail about this tax issues read, “Modernizing Illinois’ tax system.

Speak Your Mind


This site uses Akismet to reduce spam. Learn how your comment data is processed.